TENS OF THOUSANDS TAKE TO STREETS OF LISBON OVER RISING HOUSING COSTS

LISBON, NOVEMBER 15 /SRNA/ - Tens of thousands of people took to the streets in more than 30 cities and towns across Portugal in what was the largest protest to date over rising housing costs.

Some activists camped overnight in central squares in Lisbon and Porto, the country's two largest cities, the Associated Press reported.

Riot police accompanied by dogs dispersed some of the protesters, prompting accusations of excessive use of force.

People ranging from teenagers to pensioners took part in the march under the slogan "We Will Not Let Them Steal Our Right to Housing."

Demonstrators said the situation had become unbearable due to the rising cost of living and the widening gap between rich and poor.

Activists are calling for limits on rent increases, greater legal protection for tenants against eviction, and more affordable housing.

According to statistical data, house prices in Portugal have risen much faster than incomes.

The demonstrations were inspired by protests that began last month in neighboring Spain over similar housing problems.

Between 2015 and 2025, Portugal recorded the largest increase in the ratio of property prices to incomes in the European Union, at 61 percent, followed by the Netherlands at 34 percent.

The country's mild climate and long coastline have made it a popular destination for digital nomads and other remote workers, as well as pensioners. Tourism has also increased, with many apartments in city centers being converted into short-term rentals.

The government has responded with measures such as cutting taxes on new construction, restricting short-term rentals, and pledging to build 145,000 new homes.